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megyn: that was part of a nearly eight minute video from the california teachers union. suggesting that the rich point a finger at everyone else when they are to blame for all the problems. but it is another part of the video that has some questioning, even labeling it as vile and vicious. trace gallagher has more from our west coast newsroom. reporter: the video begins with once upon a time and ends with happily ever after. in between, about seven minutes and 35 seconds, attacking the rich, calling them greedy money loving wires that elected all the politicians and do not pay their fair share of taxes. in fact, the only reason they are rich, says the video, is because of tax cuts and loopholes and tax evasions. the theme is that the rich are bad. they are the villains. at one point, the rich actually urinate on the poor. at one point, that is what happens. but then we go on, the video put out by the california's teacher association, he is the one that will waste the eight minute video. it claims that the rich are so used to being rich that when the government set up a s
megyn: that was part of a nearly eight minute video from the california teachers union. suggesting that the rich point a finger at everyone else when they are to blame for all the problems. but it is another part of the video that has some questioning, even labeling it as vile and vicious. trace gallagher has more from our west coast newsroom. reporter: the video begins with once upon a time and ends with happily ever after. in between, about seven minutes and 35 seconds, attacking the rich,...
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the teaching union is the heart of the democratic party. this is, in particular, is a teacher union in which poor black and hispanic kids in los angeles and ok land and san francisco school systems are being denied a good education by this very union. they will go on strike if you try to connect performance with reward. half the children in the schools, poor black and hispanics whose parents can not afford to put them in private schools which is what everyone else is doing, half of them drop out before they graduate. what of the ones who graduate are functionally illiterate. they will never get a decent job. >>eric: david, let's stay on the video. the teachers union puts this together and in the video they talk about the amount, the bailout, specifically, that money was spent to rich people bailed out rich bankers and the rich stock market. hopefully we have a full screen of this. look at money that came from that stimulus package that they reference in the video, the department of education, $53 billion. >>guest: it is going into the pocke
the teaching union is the heart of the democratic party. this is, in particular, is a teacher union in which poor black and hispanic kids in los angeles and ok land and san francisco school systems are being denied a good education by this very union. they will go on strike if you try to connect performance with reward. half the children in the schools, poor black and hispanics whose parents can not afford to put them in private schools which is what everyone else is doing, half of them drop...
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ports were crippled after clerical workers went on strike and were supported by the longshoreman's union, which refused to cross the picket line. the shutdown cost $1 billion a day. the work stoppage also forced ships to reroute to ports in mexico, panama and northern california. a tentative deal was reached late last night after federal mediators joined negotiations. no details yet on the deal, but workers are expected to get new terms that will prevent jobs from being outsourced. >> tom: we saw the influence of apple on any stock index which includes it. without apple, the dow rallied. but the nasdaq and s&p 5 were weighed down thanks to apple's weakness. the s&p 500 hit its lowest leve of the session just after ale stronger than expected report on the services sector before 11:00 a.m. eastern time. it bounced into positive territory and closed up 0.2%. volume picked up a little on the big board with 757 million shares. 1.8 llion move1.on the nasdaq. the technology sector was the mobig drag on theg road market. it fell 1.3%. the utility sector saw the best gains, up 1.6%. apple put the
ports were crippled after clerical workers went on strike and were supported by the longshoreman's union, which refused to cross the picket line. the shutdown cost $1 billion a day. the work stoppage also forced ships to reroute to ports in mexico, panama and northern california. a tentative deal was reached late last night after federal mediators joined negotiations. no details yet on the deal, but workers are expected to get new terms that will prevent jobs from being outsourced. >>...
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don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway -- kansas city southern also saw some exposure to the bakken shale. they found so much oil, they need to ship it via train in order to get a decent price because there's not enough pipe yet, not enough pipe laid from north dakota to the rest of the country. and the company owns half of the panama canal railway which provides ocean to ocean service along the canal. they have fantastic management. david starling was named railroader of the year for 2012. this stock is taking you for a fabulous ride. i got the idea from brian ashenberg who writes the letter for the street.com. he gave us a lot at a really low price, a lot of good ideas. brian first got buying kansas city southern a while ago. the stock's given his news letter 360% return, but the stock's only up 14% in the last 12 months. i think many of the earnings estimates could be way too low. the consensus is for kansas city southern to earn $5 in 2013. nobody in the rail business has anywhere near t
don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway -- kansas city southern also saw some exposure to the bakken shale. they found so much oil, they need to ship it via train in order to get a decent price because there's not enough pipe yet, not enough pipe laid from north dakota to the rest of the country. and the company owns half of the panama canal railway which provides ocean to ocean service along the canal. they...
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one said no he is leaving the union. and super model stopping by. you know the jeopardy winner? he has written about book. stay away from the christmas poinsettia the leaves are poisonous. is that true? you have to stick around. it's not. fox and friends kikts ocks off minutes from now. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do >> 11 minutes until the top of the hour. the federal government slapped with another lawsuit. a california oyster farmer is asking them to allow the 40 year leak to expire. as a result he and 30 of the employees will lose their job. the land will be designated a marine wilderness area. if you have been on a diet and thought the forbidden piece of chocolate you snuck tastes so good guilt food taste better than they otherwise who you are on a diet. >>> have you ever tr
one said no he is leaving the union. and super model stopping by. you know the jeopardy winner? he has written about book. stay away from the christmas poinsettia the leaves are poisonous. is that true? you have to stick around. it's not. fox and friends kikts ocks off minutes from now. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by...
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on the practice ice by locked- out sharks players wearing their nhl players union jerseys on this the 80th day of the lockout players reheating their skills in pickup games while the season is still on ice. >> mad at both sides: >> reporter: and hockey fans feel they are being locked out. >> at first it was kind of understood what they were doing but now it's dragging on. >> reporter: the longer it drags on it means fewer dollars in the pockets of struggling downtown businesses. >> our friend up in canada just did an assessment of the impacts around their arenas. business is 35% down. >> reporter: hockey game nights are the black fridays of restaurant and bars like britannia arms. soccer brought in some people for lunch but now it's empty weekday nights when the sharks would have been playing. >> they have lost about, you know, i think almost a dozen home games by now and it's been noticeable. you miss a tuesday night, sharks home game is better than any friday saturday night that we are going to get. >> reporter: it's not just the hockey players who are losing work. the kitchen and w
on the practice ice by locked- out sharks players wearing their nhl players union jerseys on this the 80th day of the lockout players reheating their skills in pickup games while the season is still on ice. >> mad at both sides: >> reporter: and hockey fans feel they are being locked out. >> at first it was kind of understood what they were doing but now it's dragging on. >> reporter: the longer it drags on it means fewer dollars in the pockets of struggling downtown...
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we are also part of the african union, but we always take the same position as the islands, because the islands have to stay together. ironically, the u.s. drones in seychelles take off from an airport only 10 feet above sea level. that should give them an idea of the kind of threat we are facing. when a tsunami hit the seychelles, it covered part of the airport, so by being in the seychelles, they cannot say they do not understand our position because they're very drones take off from the airport. we will also not allow our relationship with the u.s. to affect our tough stance here. we will continue to call for urgent and deep cuts in emissions, not just to save the seychelles. if the seychelles go under, so does new york, so does the nile delta. so does every low-lying part and city, like new orleans. we are fighting for all people in the same situation. >> what about hawaii? despite donald trump's contrary views, that is where obama was born. >> exactly. we speak to people in hawaii as islanders. they say, you are a sovereign government. when i look at you, i do not see the u.s., i s
we are also part of the african union, but we always take the same position as the islands, because the islands have to stay together. ironically, the u.s. drones in seychelles take off from an airport only 10 feet above sea level. that should give them an idea of the kind of threat we are facing. when a tsunami hit the seychelles, it covered part of the airport, so by being in the seychelles, they cannot say they do not understand our position because they're very drones take off from the...
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for example, the european union is looking to current u.s. law as a model for its own accessibility initiatives. in january 2011, the vice president talked about european accessibility act, citing progress made in the united states under the provisions of the americans with disabilities act of 1990, which i was proud to support. they believe that the eu should learn from this experience and go ahead in europe to do the same. the convention supporters also erroneously contend that the united states ratification would result in benefits for americans with disabilities who choose to live or travel or work abroad. they assert that it will allow the united states to have influence over disability rights, in such areas as employment or accessibility among other states that are part of the crpd. to be sure, americans with disabilities face erie's challenge is when they travel abroad, precisely because those nations laws are not as supportive as those in the united states. the man i spoke of just a moment ago. but it is the example that we have set f
for example, the european union is looking to current u.s. law as a model for its own accessibility initiatives. in january 2011, the vice president talked about european accessibility act, citing progress made in the united states under the provisions of the americans with disabilities act of 1990, which i was proud to support. they believe that the eu should learn from this experience and go ahead in europe to do the same. the convention supporters also erroneously contend that the united...
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while inspired by events in the soviet union, was not limited to the soviet union. the senate foreign relations committee and the senate finance committee both voted unanimously to report a version of the magnitsky bill that applies its sanctions globally. senators cardin and kyl have worked on a bipartisan basis to build support for that global standard, and i strongly support their effort. i commend them on their effort. so why is it that the senate committee reported bill is not the bill before the senate? why would we deny visas only to russian human rights violators? why diminish the universality of the values that the magnitsky bill seeks to uphold? applying the sanctions contained in this bill solely to russians as the house version does not only diminishes a universal value, because it adds a political twist, it will stoke a nationalistic response in russia. if this bill does not apply the same rule to all human rights violators, if it singles out russian human rights violators, president putin will no doubt appeal to the nationalistic passions of many russi
while inspired by events in the soviet union, was not limited to the soviet union. the senate foreign relations committee and the senate finance committee both voted unanimously to report a version of the magnitsky bill that applies its sanctions globally. senators cardin and kyl have worked on a bipartisan basis to build support for that global standard, and i strongly support their effort. i commend them on their effort. so why is it that the senate committee reported bill is not the bill...
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stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment. think about it, taxes on dividends, interest and capital gains, almost certainly going up, so get a dividend payment and a tax bite goes up. sell a stock, sell a bond, and the tax goes up. but a house? no dividend, no interest, and if there is a capital gain, it's long-term, and you choose when to pay the tax. plus, home prices remain low, and the cost of borrowing for that mortgage is the lowest on record. so you can buy cheap and let your profit accumulate, tax-free, and you have a few write-offs when the tax bill does come due. i don't know what's going to happen to stocks
stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment....
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but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit is bankrupt. other cities have declared bankruptcy. they are gone. it's debatable whether those union pensions are in pact paid. if you are looking over the cliff, the municipal debt and the state debt cliff, you are right on the edge of serious problem for states and cities all across the country. detroit has said we are talking bailout. that's a huge question. martha: stuart, thank you. it seems like we are standing on a plateau and there are cliffs all around. in 2011, 13 cities filed for bankruptcy. that's the highest annual level we have seen in
but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit...
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the tentative agreement between shipping companies and the union that represents 800 clerical workers came hours after federal mediators from washington joined the negotiations. the clerical workers went out on strike last week and dock workers refused to cross their picket lines. the strike cost the u.s. an estimated $1 billion a day. >>> the philippines reeling this morning from typhoon bopha. the deadly storm packing 110 miles an hour winds, triggering deadly floods and landslides in the southern part of the country. dozens of buildings have been destroyed. at least 133 people have been killed. that number is expected to rise. the storm is now moving toward the beach resorts in the northern part of the philippines. >>> here in the united states, we're getting our own taste of bad weather. meteorologist karen maginnis joins us live from atlanta with the very latest. good morning to you, karen. >> good morning, zoraida. we saw the back-to-back-to-back storms, four of them that ushered in that moisture. first of all, it produced that layer of cold air that dropped the snowfall across
the tentative agreement between shipping companies and the union that represents 800 clerical workers came hours after federal mediators from washington joined the negotiations. the clerical workers went out on strike last week and dock workers refused to cross their picket lines. the strike cost the u.s. an estimated $1 billion a day. >>> the philippines reeling this morning from typhoon bopha. the deadly storm packing 110 miles an hour winds, triggering deadly floods and landslides...
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we the people of the united states in order to form a more perfect union establish justice, so forth, track quillty, provide for the common defense. that's what we're talking about, providing for the common defense in a careful, measured way. and secondly, promote the general welfare. it's not just the welfare of the haves or the have nots, it's the general welfare of all citizens of this country. and secure the blessings of liberty under this constitution. members ought to simply read that and say to themselves, well, what can i do? well, our press release says they should communicate with the people. and i'd like to pose a challenge, because here assembled -- and i thank each of you for coming -- are the people that hold the levers of communication. and we've only got a short period of time to communicate. and i think we should communicate to those people who are benefiting the most in this country from their economic status. that status having been achieved in a large measure by many years of hard work, sweat, toil and taking risk. but now is your chance individually and collective
we the people of the united states in order to form a more perfect union establish justice, so forth, track quillty, provide for the common defense. that's what we're talking about, providing for the common defense in a careful, measured way. and secondly, promote the general welfare. it's not just the welfare of the haves or the have nots, it's the general welfare of all citizens of this country. and secure the blessings of liberty under this constitution. members ought to simply read that and...
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second, how we got here, it's not unions. wages for americans have been going down the past 115 years. people are not keeping up with inflation. the average american worker has taken a 2011 pay cut when you compare what they made 10 years ago to what they're making now. -- $2000 pay cut. on the spending, i disagree with you. the republicans in congress in particular have opened up the piggy bank. when you have the war in iraq and the war in afghanistan on the credit card, that's a disgrace. never in the history of this country have we put the cost more on a credit card. with the bush tax cuts, they said it would increase the economy. it did not. we had higher tax rates under clinton and then lower tax rates under bush. these are policies we have passed in this country that have led to this. it has primarily been under republican leadership. if it does not mean democrats don't have some responsibility. host: peter welch is our guest until the top of the hour. the democrat from vermont, the chief deputy whip for the house leade
second, how we got here, it's not unions. wages for americans have been going down the past 115 years. people are not keeping up with inflation. the average american worker has taken a 2011 pay cut when you compare what they made 10 years ago to what they're making now. -- $2000 pay cut. on the spending, i disagree with you. the republicans in congress in particular have opened up the piggy bank. when you have the war in iraq and the war in afghanistan on the credit card, that's a disgrace....
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ashley: a new report finds the most core are up country in the european union is, guess, take a guess. it is a greece. tracy: i was going to say italy. i really was. ashley: they're not far behind. annual corruption index says all the countries embroiled in financial crisis top the list in europe, spain, portugal, yes, operationsy, italy. it measures the perception of the corruption in the public sector. as the most corrupt nations in the world. here we go. afghanistan, north korea, and somalia top the list. on the other side of the spectrum, countries with least perceived corruption, denmark, fin left-hand and new zealand. where does the u.s. rank? 19th. tracy: nobody lives in those countries. ashley: what they do is very simple and very clean. tracy: very blond. ashley: very blond. definitely in denmark and finland, that's for sure. tracy: the dark skin, the dark eyes. we're all evil at heart. ashley: that is the quote of the day. thanks, tracy. i didn't say that. tracy: all right. quarter after. come on. right? think about it. as we do every 15 minutes we check on the markets, nico
ashley: a new report finds the most core are up country in the european union is, guess, take a guess. it is a greece. tracy: i was going to say italy. i really was. ashley: they're not far behind. annual corruption index says all the countries embroiled in financial crisis top the list in europe, spain, portugal, yes, operationsy, italy. it measures the perception of the corruption in the public sector. as the most corrupt nations in the world. here we go. afghanistan, north korea, and somalia...
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starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. pre-cognitive intelligence with googlenow complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back. let's introduce your team this morning, will kaine, contributor for the blaze.com. mccabe is back with buzzfeed.com. roughing it, though, the newark mayor cory booker, talking about this blogging about his week-long food stamp challenge, living on the groceries he can buy for roughly $30 a week. a photo he tweeted, 17 cans of beans, 7 yams, two bags of frozen vegetables, what he can eat because that's what he can afford under the food stamp program. interesting to follow limb on this. >> cory is a fascinating guy. i like him. one conversation developing out of this i don't thing is right, soledad. you're not supposed to be able to
starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. pre-cognitive intelligence with googlenow complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back. let's introduce your...
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but within a week he was read the riot act by the unions and the aarp who will resist any meaningful changes to the entitlement spending programs that are now bankrupting our country. later this week i will outline a series of entitlement spending changes that could and should be supported on a bipartisan basis. the president told the american people that he wants a balanced approach. my hope is that the president comes forward on his own, with his own details on how he would fix the entitlement spending programs. and i mean real details on real proposals with real teeth. not the window dressing in the president's budget that even the democrats reject and have rejected in the past. the president has demanded a balanced approach. it is what he promised the american people, and it is what we republicans are prepared to give him. if the president wants to avoid going over the fiscal cliff, he can steer us away from it. special interests and his liberal base will no doubt cry foul, but they will follow him if he will lead. and i don't see the leadership, between you and me. not to put to
but within a week he was read the riot act by the unions and the aarp who will resist any meaningful changes to the entitlement spending programs that are now bankrupting our country. later this week i will outline a series of entitlement spending changes that could and should be supported on a bipartisan basis. the president told the american people that he wants a balanced approach. my hope is that the president comes forward on his own, with his own details on how he would fix the...
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. >>> and the european union has fined tv and computer monitor makers about $2 billion saying those companies fixed monitor tube prices for a decade which ended in 2006 talking about companies like philips, lg, and panasonic among the companies fined. philips, which was assessed the biggest chunk of the penalty says it will appeal the ruling. >>> and mortgage applications rose 4.5% last week according to new figures from the mortgage bankers association. most of the increase was accounted for by a rise in refinancing activity. >>> all right. the dollar hitting a six-week low on uncertainty about whether a budget deal would be reached. meantime, oil continues to trade below $90 a barrel. joining us this morning, chief market strategist at worldwide markets. also kevin book who is managing director at clear view energy partners. and joe, let's start off talking about the dollar. i can't make heads or tails of why the dollar is under so much pressure. i know things are bad here, we're worried about the fiscal cliff. but look at what's happening in europe and it doesn't really create a whole lot
. >>> and the european union has fined tv and computer monitor makers about $2 billion saying those companies fixed monitor tube prices for a decade which ended in 2006 talking about companies like philips, lg, and panasonic among the companies fined. philips, which was assessed the biggest chunk of the penalty says it will appeal the ruling. >>> and mortgage applications rose 4.5% last week according to new figures from the mortgage bankers association. most of the increase...
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good men and women of the utility workers' union under president michael langford delivering brighter services and a brighter future find out more at uwua.net. viewpoint on current tv 8:00 p.m. with eliot spitzer. this man burns the candle at both ends. he is willing to join us at least once a week he does every wednesday morning to comment on the issues of the day. hey, elliott, good morning. >> good morning. burn it too much except one week i forgot to call in. other than that, we do okay. >> you are not that far from washington, but i am interested -- >> emotionally we are very far away. >> okay. i am interested even with the benefit of 500 miles how does this for the prospects for a deal on fiscal cliff look from your perspective? >> you know -- >> do you think it's going to happen. >> short answer is i don't know because i see two trends simultaneously. one, you hear voices in either party saying, hey, it wouldn't be so bad if we go over the cliff. some of the hysteria attendant to the whole notion of the cliff is being -- dissipating. on the other hand, if you look at the number
good men and women of the utility workers' union under president michael langford delivering brighter services and a brighter future find out more at uwua.net. viewpoint on current tv 8:00 p.m. with eliot spitzer. this man burns the candle at both ends. he is willing to join us at least once a week he does every wednesday morning to comment on the issues of the day. hey, elliott, good morning. >> good morning. burn it too much except one week i forgot to call in. other than that, we do...
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you talk about, congressman joe wilson who yelled you lie at the president during the state of the union, that seems like the good ole days. charming time of being a jerk back then. >> that sounds relatively quaint. when nickelodeon decided they wanted to use the song as kind of like the springboard for a whole christmas special which actually airs tomorrow, it is a stop motion, done like rankin bass rudeolph special from the '60s, it is really cool. i came up with this story and andy palely and i where we were trying to find a reason for this. we said there must be be something like a jerk toy like a media of jerktonium. woke up over earth and landed in certain places. >> stephanie: all of the states currently looking it to secede. >> you might want to go through there with a geiger counter and take a jerktonium reading. the special involves this jerktonium meteor that -- the radiation turns people into these dispentic cranky bullies at this time of year where you really should be working to be the opposite of that. baby steps. then we'll work on the other 51 weeks of the year. >> steph
you talk about, congressman joe wilson who yelled you lie at the president during the state of the union, that seems like the good ole days. charming time of being a jerk back then. >> that sounds relatively quaint. when nickelodeon decided they wanted to use the song as kind of like the springboard for a whole christmas special which actually airs tomorrow, it is a stop motion, done like rankin bass rudeolph special from the '60s, it is really cool. i came up with this story and andy...